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Search Results 0 to 49 of about 108 (some duplicates have been removed)
. the two firms denied being influenced by the chinese government. john sudworth is in shanghai. what is the reaction there to this congressional hearing? >> there's been a statement out by the chinese foreign ministry suggesting that the chinese telecommunications companies operate within the law, but they have gained their success through their own commercial competitiveness and that they should not be singled out by u.s. congressional committees for criticism in this way. so it appears the chinese government is already lining up in defense. this is a damning report from an official body singling out two companies by name and suggesting that they simply have not done enough over the course of this investigation to demonstrate that they are free from influence from beijing. >> my understanding is the foreign ministry has done slightly more than just condemn this. have they not said this is the result of some kind of prejudice in america of chinese companies? >> in a sense, that is in the context in which there is a kind of growing focus on the issues of their trade and open access. i
the opposition an edge, but the government claims it will retain its majority. >> opposition supporters have taken to the streets to celebrate victory. georgians went to the polls against a backdrop of prison abuse, a scandal that has damaged the once-popular government of mikhail saakashvili. his name rivals -- his main rival was to move the country into russia. it is not clear when the outcome will be known. let's go live to our reporter following the ballot in georgia. some confusion about the outcome, with both major groups claiming victory. do you have any further details? >> these elections have been a close race from the beginning. what we now hear from tbilisi, is that these elections obviously have turned out to become a victory for the opposition. the opposition -- the ballots showed that -- the exit polls showed that opposition leaders -- the opposition led by the oligarch who is accompanied with the president of georgia. >> is at stake? will this determine the future of the country -- >> what is at stake? will this determine the future of the country? >> this parliament will beco
are so heavily vested in government bonds. the report says japanese government bonds account for 24% of assets of banks in japan. the institutions could suffer heavy losses if bond prices plummet. banks around the world see japanese and u.s. government bonds as safer assets in the face of the prolonged credit crisis in europe. they snapped up japanese bonds, causing the yen to spike to record levels. imf economists note japan and the united states are facing huge deficits and the countries need to implement fiscal reforms to maintain investor confidence. it also acknowledges a decision by eurozone countries to launch a permanent fund designed to bail out struggling members. they say worries about the health of the region's financial system have increased since the spring with the need to use capital to help troubled banks in spain. >>> greece is one of the struggling eurozone members counting on bailout funds to keep it functioning. international lenders are demanding the country's politicians implement deep spending cuts in return for that aid. angela merkel traveled to athens to u
elected a government that mismanaged the situation and borrowed money that we did not have. that intense animosity is now predominantly felt here. from the government, and open arms welcome. the government is intensely aware that relations have hit new lows within the last few years by this tabloid animosity. the government realizes it needs to reach out to the german government in reset relations. greece depends on german cash, and that sort of extremely strong unity is what you saw today from the greek government. >> you were on the streets of athens, wasn't brave or insensitive? got that as a question of what posts to myself when i got hit by a volley of tear gas earlier in the afternoon which left my eyes streaming data show me with a toxic impact. as i nursed by sore eyes. in those days it was brave, other cell was insensitive. her visit has added fuel to the fire for those that see her as the architect of austerity. they say it is a sign of respect that she came to this country and we're glad that she came to speak to the president offered a show of support and endorse their place
what we're seeing is a government seeking to assure its key constituents and to send a signal to the outside world in the face of what they consider pressure from the south and the government is strong and the national security of the north korea the safe. >> it's given that the south has only increased its missile capacity. >> absolutely. and i think we need to trecks last few months have been very tense on the korean peninsula, and there's been no love lost and the outgoing president is seen as someone who is hostile to the north and that certainly is how the knot paints him. this is very much a political gang waiting for the political senses of december and north koreans are not going to give an inch until they see the new president taking over in january. but for now, as you say, they have every reason to take a tough stance. >> thank you for your time on gmt. let's take a look at some of the other stories making hirnes around the world today. mexican authorities say the leader of the drug cartel appears to have been killed in a fire fight with marines. final forensic test
the government's apron springs doesn't cut it what does? >>guest: this is fought a serious debate when president obama said we cannot cut one small program. to we cannot cut this program what can we cut? we have $1.1 trillion deficit and that was an improvement. >>neil: the argument is, it is chump change. but you add them up, it adds up. >>guest: i do watch pbs a lot, sometimes i listen to npr but people would listen to it and watch it and like the programming, they should pay if it. talk about children's programming. it used to be "sesame" was the only game in town, the most successful program in the history of tv. now this are hundreds of programs like "sesame street" on pay for profit television. my feeling is, if people like warren buffett and people like ted turner feel this is such an important programming, why shouldn't they pay for it? >>neil: the issue here, you know, is what we spending and where we cut back on spending. the argument the liberals give you, maybe we just charge more for what we are spending money on. that gets back to more government, less government, pay month for tha
holder today praised the libyan government's response. it's a challenging environment in which to operate but i think we have done pretty well given the circumstances in which we find ourselves and we found ourselves able to move about and do the things that we have wanted to do because of the assistance we've gotten from the libyan government as well as from some of our other allies >> sreenivasan: a u.s. house committee holds a hearing tomorrow on the consulate attack. in pakistan, a taliban gunman shot and wounded a 14-year-old activist known for promoting girls' education. malala yousufzai was hit in the head and neck during the attack in the swat valley region. doctors said the wounds were not life-threatening. yousufzai spoke out on girls' education at a u.n. children's assembly last year. the taliban called her work "an obscenity" in a statement claiming responsibility for the attack. one out of every eight people on earth is going hungry, according to a u.n. report today. that comes to 870 million people, but it's far below the figure of one billion announced in 2009. the u.n. foo
." and too late. if you haven't got your application in, it is too late. bank of england government job should have been in half an hour ago. so if you didn't make it, you're not going. jim o'neill wasn't applying, scott mcdonald wasn't applying either. i didn't get mine in. so never mind. stick here. also coming up, we'll be heading to new delhi to hear how undoing regulatory requirements could boost investments. details from one of the author of the quarterly cfo survey. and also president chavez is fig celebrating a hard-fought victory. if you have any thoughts, comments, whatever you like, e-mail us worldwide@cnbc.com or tweet @cnbcwex or @rosswestgate. first we'll turn our attention to china. analysts say there is hope the mainland services sector can help offset weakness in the manufacturing side. hsbc also says early easing measures and stronger consumption demand may have helped world bank is warning it needs to brace for slow growth. it's their slowest pace since 2001. it's because of the exposure to china which also had its outlook cut. joining uses for more, norman chan. norm
so many stupid things but one thing was interesting, he said to control it, to govern the italians is not difficult. it is impossible. so in that situation like that, it would have been impossible to control anything. so i left. >> rose: so you left. >> and then i became a free bird. >> rose:nd how did that feel? >> fantastic. it was fantastic. because i had been music director all my life since 1968, in florence. london philharmonic, philadelphia orchestra after armandi,bascala, so after so many years of hard work, not only artistically and musically, but all of the otherhings that music -- a good and honest music director is to take care of, i worked so hard, that certainly i felt -- i feel light, i have to do only music when i want, where i want, and how i want, i was, i felt like a bird, a as i said before, ligero, and that's when the philadelphia philharmonic asked me to be the musi director. i did seveal concerts, many concerts with th the philharmonc and beautiful concerts, i admire those musicians. i think they are very good, and they have, i have wonderful memories, so whe
the allegations and have the support of the chinese government. >> when china in the u.s. benefit from the business we do in america are, we hope the congress will monday's their opinions on prejudice but on the facts so as not to hurt bilateral trade relations. >> this is just the latest battle in a war of words over trade and economic practices. the u.s. has accused china of unfairly subsidizing renewable energy and the auto industry in china expressing complaints to the wto. clogs let's get to the u.s. election campaign. romney accused obama of failing to lead in the middle east. is going to frame his positions ahead of the next presidential debate next week. we have some analysis from our russian and correspondents in just a moment, but first tier are a few clips. >> it is our responsibility and the responsibility of the president to use our greatest power to shape history, not lead from behind the. destiny at the mercy of events. i will put the leaders of iran on notice that the u.s. and our friends and allies will prevent them from acquiring nuclear weapon capability. i will not
. >>> plus fighting over fracking? a group of senators angry over new government guidelines. i will get all the details exclusively from north dakota senator john hoeven. even when they say it's not, it's always about money melissa: first let's take a look at the day's market headlines. there was no celebration on wall street over september's positive jobs number. only the dow managed to close the week in positive territory. it was up over just 34 points. >>> consumer credit rose more than 8% in august. it's fastest expansion in three months. that is a sign that consumers are ready to make big purchases again. >>> one year ago today, steve jobs, the visionary cofounder of apple, died at the age of 56 after a long battle with pancreatic cancer. the company remains an industry powerhouse despite the loss of their leader. >>> now on to our top story tonight. good news on the jobs front. according to the household survey, 700, i'm sorry, 873,000 people found a job last night. last month. that brought the unemployment rate down to 7.8% for the first time in 3 1/2 years. the employers survey thou
-hours. >>> government is filing a civil suit against wells fargo. they are accused of reckless behavior issuing federally backed loans. shares of wells fargo fell nearly 2%. >>> all right, our top story today, german chancellor angela merkel arrived in greece today and was met with massive protests. some greeks even dressed as nazis to mock the german leader that is so nice. what a great welcome. why are the greeks protesting one of the few people who might actually be able to help them escape a economic meltdown? joining me for more on this story, university of chicago proper professor charles lipscomb and former director of the congressional budget office, douglas holtz-eakin. thanks to you both for joining us. doug, what do you think of those pictures? >> i think this is a reminder that greeks have not done the hard reforms they need to be successful. to be successful in the bad growth, big debt environment they have to cut government employment and reduce transfer programs. they have done very little of that. they were supposed to cut 30,000 jobs. they cut 1,000. they lost another nine from
debates later on. maybe you two can negotiate that. if you cut government benefits -- a secretly recorded video of mitt romney at a private fund- raiser was made public -- let's take a look. >> 47% of the people -- who will vote for the president a matter what. who believe the government has responsibility to care for them. who believe they are entitled to health care and food and housing, you name it. that is an entitlement. >> texas -- in 2010, 30.5% of texans filing era -- return paid no income tax. there is no data on how many texans get government assistance, but the census bureau found 24% get social security. 20 -- 14% did retirement income. 5% disability bed -- benefits and 14% from strands. mr. cruz, do you believe that government has a responsibility to care for them? >> of course not. i agree with mitt romney when he says his comments were poorly phrased. keefe said they were in elegantly stated. i think there is a difference. part of the philosophy of president obama is trying to get as many americans as possible dependent on government so that the democrats can stay in power
is she coming now, why didn't she visit the two previous governments? because she knows hostility towards her is extremely high. remember for the better part of the last three or four year, she was seen as a scapegoat for the tough austerity measures that have been implemented here and that has led to the deep, deep recession in this country. well, she wants to send a message of support and solidarity about the reform efforts that have already been taken. but privately she'll be pressuring to say you have to continue with the reform efforts and we're not coming with any gifts. we'll make no further concessions. that will be her tough message as she comes here today. back over to you. >> what's interesting is that maybe the timing of this visit there seems to be imf saying we need to have a maybe pretty big did you tell forgiveness. how hard will that be for the germans and fins and dutch? >> i think politically impossible. i think they're warm up to the notion in a they need to give greece more time. but that means money. that money has to come from somewhere. it certainly won't come from
and the democrats. how they essentially tried to bring the federal government's financial house to some kind of order. the answer is they failed. we have a federal government whose financial house is in total disorder, total disarray. it is a historic problem. to try to put it in english, we have a trillion dollars of iou outstanding in the world. the negotiations, they agreed to raise what they call the debt ceiling, so the government can borrow a couple more trillion dollars. we are going to run it run out of that borrowing authority january or february of next year. they're going to have to go back and authorized congress for more trillions of dollars of borrowing. the republicans and lots of people in congress don't want to authorize that. so there is going to be a bloody negotiation, unless they can work a deal. in a sense, this is a book about the past, but it's about the present. it is about where we are going and what the country's future is. if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president b
that is operating out there on a network. it's our government infrastructure, our public infrastructure, water, the electricity grid. the grid is a massive concern right now. this issue, this cybersecurity, cyber hacking, theft of information, interference with our systems, it doesn't get the sort of coverage that it needs to get. it's still as a threat to the u.s. national security interests. it's still kind of lurking there in the shadows because of course we've been focused on the war on terror, on iran, on syria, you know, the arab spring, and so it does not get the coverage. i'm very glad that you guys are leading with this story. connell: it also could be -- you are ight about the angle then which is what we led with today about the war on terror and the possible retaliation for this video and everything else, but adam brought up the idea -- and this has been in the news this week of our relationship with china and this company 60 minutes focused on over the weekend, and you have another company zte which the house pommittee yesterday talked about. this is a murky area because obviously
report from the government. today thursday's weekly jobless claims report. that hits the wires at 8:30. in the meantime, what's been happening in europe is that things have barely bunched there again and they seem to be taking their cues from us.dnched there aganfroms.gnched there agand they seem to be taking their cues from us.ched there again and they seem to be taking their cues from us.hed te again and they seem to be taking their cues from us.ed there again and they seem to be taking their cues from us. dow, nasdaq, s&p all closing slightly higher yesterday. in asia, a long week without chinese trading, but in japan, the nikkei was up by about 77 points. and in bombay, sensex up by 188 points. oil prices actually energy stocks yesterday were lagging as we saw big tumble in crude oil prices. back up by about 6 # ce4 cents, those are levels we haven't seen in quite some tile. ten year note, yielding 1.63%. so that's a slightly higher yield than yesterday. the dollar interesting story, too. you'll see that it is down against the euro. but still 1.2951. so we've been right around 1
about a stimulus and hiring more government workers and having the government making investments. of course, he talks about raising taxes. they plan to raise taxes on the american people and that will kill jobs. we want to create jobs and not kill jobs in this country. [applause] we also heard this plan are raising taxes and cutting medicare. in fact, there has been a study released this week. the people look at his spending plans and all of the debt they create and interest that its charge. he will raise taxes on the middle class as well by some $4,000 per family. the american people do not want more taxes. they want less spending and more growth. we will do that and get america back on a balanced budget. [applause] i do not want to raise taxes on any one. this president seems to think that keeping our taxes the same as they are now is a huge tax cut. only in washington would do thing keeping taxes as they are is a huge tax cut. hot i will find a way to bring our taxes down -- i will find a way to bring down our taxes. we will give the middle class a tax break. [cheers and appla
to a military officers club and hotel which housed pro government forces. the state department apparently stayed out of the dispute between contractors over security at the libyan consulate before the september 11th attack there. according to letters obtained exclusively by fox news, the company felt security provided by its operations partner was substandard. but the state department declined to be involved in bringing in a third party to improve the situation. and the next time you feel a cold coming on, you may want to rethink on loading up on vitamin d. researchers in new zealand found while the nutrient does boost the immune system, taking large doses does not appear to prevent colds. those are your news headlines on the fox business network. now back to dagen. dagen: thank you. will government regulation come up in tonight's debate? well, it's on the minds of some business people, including former bb&t ceo. i talked to him earlier at the commit forum on corporate responsibility and regulation. and i asked him what exactly he's trying to accomplish? here's some of that. >> this is a -- what
government denies declarations of torture and arbitrary arrests in gaza. that's time where we bring you the business news now. aaron is here for that. some interesting figures worrying as we are used to hearing tesco going from strength-to-strength. >> we are talking about the largest chain in the u.k. out of every eight pounds one goes through a tesco till. that is because company today reported its first fall or drop in profits in nearly 20 years. the first half of this year $2.7 billion was made but down 11.5% from last year. why? we know tesco spent $1.5 billion in revamping. that's costly. but they are saying smaller supermarket chains are starting to eat into their market share and the big operations, big problems and tesco can no longer rely on overseas businesses to offset any shortages here. have a listen. >> what troubled me a little bit about these numbers was on how many fronts tesco is struggling, even overseas. some of the same problems in the u.k. seem to be appearing in central europe and asia. but tesco aren't doing quite as well. again, it has to do with a lot of expos
anybody is entitled to success. we don't believe government should help people who are not trying to help themselves. but we do believe in something called opportunity. we believe that hard work should pay off in this country, responsibility should be rewarded in this country, that this is a country where everybody should get a fair shot and everybody should do their fair share and everybody is playing by the same rules. we believe in an america where no matter what you look like or where you come from, what your last name is, who you love, that you can make it if you try. that is the country i believe in, that is what i and fighting for, that is why i am running for a second term as president of the united states. [applause] [crowd changint "four more years"] what i want to promote is a new economic patriotism, that we grow this economy best where everybody has a shot and the middle class is thriving. i will pretend that it will be easy to get there. it took us a bunch -- i will not pretend that it will be easy to get there. it took us a bunch of years to get into this mess and will take
is given by the government for the public wealth and so on, it is not in line with the transformation to the consumption economy. and also it might involve the risk of inflation and realistic hike and so on. so they look a little bit prue dentd, but they have 7.5% of growth target. so i think in the end they'll achieve the goal. >> reporter: recent tensions over territorial disagreements between japan and china have cast a shadow over the two economies. nakao says he hopes the meetings will help the two sides overcome their differences. >> this shouldn't impede a strong economic tie. and i mention that prime minister noda and premier wen last december agreed to the cooperation. we have a lot of concrete efforts. once again, i hope that any difficulties will not harm this kind of progress. >> reporter: all right. well, as you can imagine, bankers have been wringing their hands at all this uncertainty that we've been talking about. tomorrow we'll take a look inside the financial sector. we'll have lots more from here at the tokyo international forum. >> that was nhk world's ron madison.
, of course he wants to hire more government workers. look, all of these things have not ignited our economy the way it should be ignited. we've seen the slowest recovery from a recession. bill: john roberts traveling with the campaign. live in vanmeter, iowa, that is west of des moines. what is happening there, john? >> reporter: good morning. governor romney will be talking agriculture today. not surprisingly we're on a 700 acre farm owned by the cook family. a lot of soybeans and corn here. we're in madison county. governor romney won this in the caucuses by the way. he will argue the president's policies things like estate taxes, climate change, environmental regulations, energy policy are hurting farmers. he continues to go after the president on issue of jobs of the even though the unemployment number is down below the psych lodge call level at 8% on the stump in newport news, governor romney found a new way to use it. >> if you look back 60 years, at all the months we had unemployment before 8% before president obama. there were 39 months. in all 60 years with unemployment above 8%. u
by not having anything from this meeting. >> today, there was a ban on protests. the government banned demonstrations, but the people defied them and protested there anyway. what has it been like? >> i was looking down the square earlier, and it felt like the place was absolutely deserted. there were street cleaners cleaning the streets. there were burned garbage bins. there were sidewalks that were broken. 50,000 protesters took part in these riots, and basically, we had 217 detentions, 24 arrests, three citizens wounded, and four police officers, one of which was seriously injured. in those protests, each used their own imagination, each of those protesters. there was one who was walking around naked during the protests to show a sign of his reaction. there was someone else -- there were some others who were actually dressed up as hitler, and they were carrying flags with a nazi swastika. >> thank you so much. we are running short on time, and we have to cut you short there, but thank you very much for that report. >> chancellor merkel's visit to greece is being closely watched here
after that incident. > departments in the bay area feeling the squeeze as the government cuts grants to help those departments. figures show that this year the government cut $140 million in financial aid to local fire departments. california was already hit with a two million dollar reduction in federal fire grants in 2010. the united states fire administration which helps local firefighters is also poised for a budget cut. >> they are limited dollars. locally they struggle with budgets at the federal level. >> reporter: oakland officials say their department is dealing with tough economic times and they say they will have to start looking for other sources of revenue if grants continue to dry up. >> now to the election coverage. romney has taken a slight lead over the president. according to polls, in the five- days after last week's debate 49% of likely voters say they support romney, 47% say they back obama. however, among all registered voters, the president still holds a three point lead over romney. >> the folks behind seasame street asking the obama campaign to stop runnin
to continue to fund and support these governments. i think that's a very legitimate point. but on the one hand, he says -- you know, he blames obama for whatever tension there is in the u.s./israel relationship today and i would argue there's very little tension in the state-to-state relationship but a lot of tension between the prime minister of israel and the president of the united states. but all of that is entirely obama's fault. anything that's wrong with the u.s./israel relationship is obama's fault. the fact that the prime minister of israel has continued with a settlement policy which is extremely controversial in israel somehow comes no where into the equation. so we're supposed to believe on the one hand that america's supposed to lead the arab world from the front with one hand while adopting a policy toward israel that is more pro-israeli than anything any government in washington has articulated for a long time. how the two of them will go together i don't know. and for good measure, though-- and i think this is praiseworthy-- governor romney has called for a palestinian state an
that government was heavily subsidizing green energies in other industries. u.s. is also subsidized green energy and one international trade attorney who opposes the subsidies altogether says u.s. tariffs will only harm consumers. >> once that is done american consumers will start paying quite a hefty tax on imports of chinese solar panels, at the same time we'll be seeing price increases of the other solar panels. typically china is a price driver in the market and will see all imports and domestic solar panels prices go up. >> united states has stepped up complaints and stainless steel sink, flooring, steel grating, bricks and much more. chinese have responded most notably for u.s. support of the auto industry. also fixed the presidential campaigns. president obama chooses governor romney of sending american jobs to china during his time at bain capital. romney called the present week on china promising stricter and forcing trade practices bowing to label a currency manipulator. some argue stronger rhetoric and tourist will lead to a loss for american consumers and u.s. companies conducting bu
. this as the spanish government is apparently ready to ask for a full bailout, but is being told to wait by germany. angela merkel is reluctant to put more aid requests in front of her parliament, both sides have denied that story. but it does come just a day after meeting between the eu and sm spanish economics minister. julia is in madrid with her own thoughts on this. you heard jim says it's only a matter of time really, so we just have to work out when. >>> that's certainly what the markets expect. also the message is that it's really difficult for the germans to say, hey, these three separate times on greece, cypress and perhaps on spain particularly after they've just received the banking bailout. the biggest shift seem to be in perhaps the spanish sentiment in this article that they're ready to ask as early as this week. so critical to him. they have to think of a bailout and also the enhanced credit line. it doesn't really make a distinction between the two. but of course the budget that we got at the end of last week suggested that they were laying the foundations of course for aid and of
Search Results 0 to 49 of about 108 (some duplicates have been removed)